INDIVIDUAL HOUSES AT MADHURAWADA, VILLAS AT MADHURAWADA
Madhurawada is rapidly emerging as a prominent real estate hub in Visakhapatnam, presenting a wide range of residential options from independent houses to luxury villas. This growth is driven by its strategic location along NH16, close proximity to key IT hubs, and the continuous expansion of social infrastructure.
Individual Houses & Villas in Madhurawada
- Configurations: Available in various sizes, including ready-to-move and under-construction options.
- Price Range: Resale independent houses range from around ₹50 lakh for smaller 2BHK homes to over ₹1.9 crore for larger, modern 3BHK houses.
- Locations: Predominantly found in established residential neighborhoods such as P.M. Palem, Kommadi, and Bakkannapalem.
- Key Properties:
- A newly built 9BHK independent house spanning 5,600 sq. ft. with a lift, priced at ₹2.53 crore.
- In RTC Colony, a 2-year-old 2BHK house on a VUDA plot is available for ₹1.49 crore.
Villas and Gated Communities
- Price Range: Luxury villas typically range from ₹3.12 crore to ₹6.87 crore, averaging around ₹3.80 crore.
- Amenities: High-end features include swimming pools, clubhouses, gyms, private gardens, and 24/7 security within gated communities.
- Prominent Villa Projects:
- Shriram Panorama Hills: Large gated community with villas and apartments; resale triplex 4BHK villas priced near ₹4.5 crore.
- MVV GV The Grand: A mega residential development with spacious 3BHK apartments and extensive amenities.
- Flora Hillside: By Flora Constructions, offering 4BHK villas priced between ₹2.89 crore and ₹4.76 crore.
- Lorven Alita: A community of 29 villas on Madhurawada’s main road; 4BHK villas available around ₹3.5 crore.
Ready-to-Move and Resale Properties
- Shriram Panorama Hills: A large gated community near Srinivasa Nagar with 250+ villas and 1000 flats; 4 BHK resale villas are frequently available.
- Altius Villas: A ready-to-move gated community on 100 Feet Road, Madhurawada.
- VUDA Row Housing Villas: Independent houses and villas located in Pedda Rushikonda.
- Individual Houses in RTC Colony: Resale options available within Madhurawada.
- Older Independent Houses: Available in Madhurawada and nearby localities like PM Palem, Kommadi, and Yendada, catering to varied budgets.
Key Developers
- Flora Constructions
- Shriram Properties
- MVV Builders
- Honey Group
- Smart Homes Properties & Infra
Price Range
- Individual Houses: Prices vary from approximately ₹51 lakh for smaller, older homes to over ₹2 crore for spacious, modern houses.
- Villas: Luxury villas in gated communities typically range from ₹2 crore to over ₹5 crore, depending on builder reputation, size, and amenities.
Factors Driving Development